Manhattan Loft Guy

New York, New York

on matters of interest to Manhattan coop or condo loft apartment dwellers, buyers, sellers, and others, especially about New York City real estate

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Manhattan Loft Guy

break away to win the neighborly competition / so many lofts, so many dollars ... but no sales (yet)

Apr. 17, 2009

Categorized in: pricing analysis

Tagged with: 1000ft, 1300ft, buyer eyes, competition, comps, neighbors, price drop, views

If this neighborly competition occurred in a cookie-cutter "apartment" building in Manhattan (even a high-end "apartment" building), the outcome would be clear: no one would bid on "B" or "D"; every serious bidder would bid on "F" and probably "E"; while

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more unintended consequences in petri dish of Tribeca neighbors

Dec. 12, 2008

Categorized in: Loft neighborhoods / Tribeca

Tagged with: buyer eyes, competition, comps, contract, neighbors, outdoor space, terrace

If I am the sellers of Loft 1 (priced only $30/ft below a neighbor with a terrace) or Loft 3 (priced $100/ft below a neighbor with a terrace) I would be worried that my listing will help sell Loft 4 to anyone who (all other things being equal) would prefe

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selling the neighbor's loft / unintended consequences in a Tribeca petri dish?

Dec. 7, 2008

Categorized in: Loft neighborhoods / Tribeca

Tagged with: buyer eyes, competition, comps, contract, neighbors

I remain fascinated by multiple units offered for sale in the same Manhattan loft building. I riffed on the possibility of one mistaken price leading to another on November 30 in neighborly competition leads to neighborly mistakes? the laboratory at 24 Ea

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Manhattan Loft Guy

break away to win the neighborly competition / so many lofts, so many dollars ... but no sales (yet)

more unintended consequences in petri dish of Tribeca neighbors

selling the neighbor's loft / unintended consequences in a Tribeca petri dish?